Prime residential price growth outer London Q3 2020, by type of outside space
As of the third quarter of 2020, residential prices in the outer prime London market increased both on a quarterly and annual basis for properties with gardens. The highest quarterly price growth (1.3 percent) was observed for properties with a large garden. This highlights one of the effects that the coronavirus crisis has had on housing demand: people have reassessed their priorities and are now looking for dwellings with outside space. Another insight from the rental market also shows larger properties are less impacted by coronavirus-related negative rental growth.
